Vector - Latest News [Page 1]

Vector To Pass Loss Rental Rebate Credit To Aucklanders

Thursday, 30 June 2022, 2:03 pm | Vector

Vector has today announced it will pass on an expected credit of $30 to Auckland electricity account holders, as payment of this year’s annual Loss Rental Rebate surpluses. Loss rental rebates are the difference between the price and quantity ... More >>

Entrust And Vector Announce Large Scale Undergrounding Project For St Heliers

Tuesday, 14 December 2021, 9:04 am | Vector

Power lines and poles will soon be underground in large parts of St Heliers as work begins on a major undergrounding project early in the new year. Entrust chairman, William Cairns said the work was another significant undergrounding project for Auckland, ... More >>

Vector To Pass Loss Rental Rebate Credit To Aucklanders

Wednesday, 30 June 2021, 9:42 am | Vector

Vector has today announced it will pass on a credit of around $20 to Auckland electricity account holders, as payment of this year’s Loss Rental Rebate surpluses. Loss Rental Rebates are the difference between the price and quantity of electricity generated ... More >>

Vector Announces New Chief Digital Officer

Tuesday, 22 June 2021, 2:01 pm | Vector

Vector has appointed Shailesh Manga to the role of chief digital officer. Shailesh has been with Vector since 2018 in the role of group manager digital transformation. His appointment follows the resignation of Nikhil Ravishankar who is going to Air ... More >>

Vector Welcomes Government Investigation Into Pumped Storage

Monday, 27 July 2020, 1:10 pm | Vector

Vector has today welcomed the Government’s plans to push closer towards a 100% renewable electricity system by exploring hydro projects that pump and store water to better manage dry year risks and the intermittency of renewable generation. Vector’s ... More >>

Consumers Lose Out Yet Again In Electricity Authority’s Transmission Pricing Reforms

Wednesday, 10 June 2020, 3:00 pm | Vector

The outcome of the Electricity Authority’s (EA) Transmission Pricing Review (TPM) comes as no surprise to Vector and leaves electricity consumers worse off at a time when many Kiwi households are already feeling the sting of an economic recession. ... More >>

Vector To Prioritise Essential Energy Services During COVID-19

Thursday, 26 March 2020, 1:15 pm | Vector

Vector will prioritise essential energy services across the Vector Group to best protect its people, communities and customers during the COVID-19 lockdown. Vector is a provider of lifeline utility services – including electricity, gas and fibre ... More >>

Vector PowerSmart To Deliver Renewable Energy Future For Tokelau

Tuesday, 3 March 2020, 4:03 pm | Vector

  Tokelau’s electricity grid is set for a return to reliable, renewable energy with Vector PowerSmart confirmed to build a solar and battery system to future-proof the renewable energy supply for the next decade. The Pacific Island nation’s existing ... More >>

Electricity lines companies keeping close watch on weather

Monday, 12 August 2019, 4:20 pm | Vector

Electricity network companies around the upper North Island are on alert and prepared for more unsettled weather and the possibility of lightning strikes today, noting that customers should stay well clear of any electrical equipment damaged in stormy ... More >>

Vector welcomes ICCC report, calls for ‘Ministry of Energy'

Tuesday, 16 July 2019, 3:04 pm | Vector

Vector has today welcomed the ICCC’s report on Accelerated Electrification . Vector agrees that accelerating the electrification of transport and process heat will play a major role in reducing the country’s greenhouse gas emissions. Initiatives to ... More >>

Upper North electricity companies are keeping eye on weather

Wednesday, 5 June 2019, 8:09 am | Vector

Electricity network companies around the upper North Island are on alert and preparing for a wet and windy Wednesday, with many arranging backup resources to be available should the weather impact power supplies to the extent that additional restoration ... More >>

Commerce Commission Draft Decision Risks Constraining Growth

Wednesday, 29 May 2019, 5:13 pm | Vector

Vector acknowledges the release of the Commerce Commission’s draft 2020-2025 Default Price-quality Path (DPP) for electricity distribution businesses and will be closely reviewing the draft decision. Vector Chief Networks Officer Andre Botha said: “Today’s ... More >>

First All-Girl Team Wins Vector Epro8 Challenge

Tuesday, 11 December 2018, 9:30 am | Vector

The Auckland leg of a national schools engineering competition has been won for the first time by an all-girl team from Churchill Park School. More >>

Vector urges caution, safety with fireworks and power lines

Monday, 5 November 2018, 11:01 am | Vector

Vector is urging Aucklanders to be sensible and safe with private Guy Fawkes fireworks displays tonight, and to keep their use of fireworks well clear of power lines to avoid the risk to public safety, power outages, and damage to electrical infrastructure. ... More >>

Vector Lights for World Energy Day

Monday, 22 October 2018, 9:03 am | Vector

Vector Lights on Auckland Harbour Bridge will celebrate World Energy Day with a dynamic light show charting the history of New Zealand’s energy use – and our ongoing progress towards a net zero carbon future by 2050. More >>

Vector And Commerce Commission to Settle

Wednesday, 10 October 2018, 8:35 am | Vector

Following breaches of an electricity network quality standard in 2015 and 2016, Vector has announced today it is agreeing to a settlement with the Commerce Commission. A penalty hearing will take place in due course at which the details of the settlement ... More >>

Vector responds to first report on retail electricity

Tuesday, 11 September 2018, 2:13 pm | Vector

Vector has today responded to the Government’s first report of its findings into retail electricity pricing, saying it highlights legitimate concerns that consumers are not yet benefiting from real competition or from technology advancement in New ... More >>

Vector Announces Appointment of E-Co Products Group CEO

Wednesday, 8 August 2018, 11:21 am | Vector

Vector has today announced the appointment of Colin Daly to the position of Chief Executive Officer for E-Co Products Groups Limited, better known as HRV. Colin will be responsible for leading the team to grow the home ventilation, heating, water ... More >>

New connections show Auckland’s growth far from slowing

Thursday, 26 July 2018, 2:17 pm | Vector

Vector saw a 22 per cent increase in new connections this year – the biggest leap the company has seen and further evidence Auckland’s growth is far from slowing. More >>

Electric vehicle charging sessions sky rocket

Friday, 13 July 2018, 11:44 am | Vector

Vector has seen a 190 per cent increase in electric vehicle (EV) charging sessions in the 12 months to June, a figure that supports Ministry of Transport data that shows EV uptake in New Zealand is sky rocketing. More >>